CBL Properties Celebrates Grand Opening of Shoprite at Stroud Mall in Stroudsburg, Pennsylvania
November 12 2019 - 10:00AM
Business Wire
CBL Properties (NYSE:CBL) and ShopRite celebrated the grand
opening of its newest state-of-the-art full-service supermarket at
Stroud Mall on Nov. 1 with a ribbon cutting ceremony. ShopRite,
which is located in the former Bon-Ton store at Stroud Mall,
features its own restaurant, Bin37, a wine and beer shop, as well
as the area’s first and only food hall experience.
“We are thrilled to welcome ShopRite to Stroud Mall,” said
Stephen Lebovitz, chief executive officer, CBL Properties, owner of
Stroud Mall. “CBL’s vision is to transform our properties from
traditional malls to suburban town centers, and the addition of
ShopRite certainly illustrates that vision. The experience that
ShopRite offers our customer is unlike anything already available
in the market.”
In addition to traditional grocery store offerings, the food
hall, Village Food Garden, will offer freshly prepared meal options
for take home or dine-in, and Bin37 will offer a full menu prepared
by in-store chefs and will feature local craft beers, select wines,
and a craft cocktail list.
Lebovitz added, “While Stroud Mall has always been a favored
community destination, the convenience and innovative offerings of
this new supermarket are sure to drive even more traffic to the
property.”
ShopRite is owned and operated by Village Super Market, Inc.,
which operates 30 ShopRite stores in the mid-Atlantic region.
About Stroud Mall
Owned and managed by CBL Properties of Chattanooga, TN,
(NYSE:CBL), Stroud Mall is a 480,000 square-foot regional shopping
destination featuring more than 60 stores and eateries and is
anchored by JCPenney and ShopRite. The mall also features a
12-screen Cinemark Theater. For more information, visit
stroud-mall.com.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and
manages a national portfolio of market-dominant properties located
in dynamic and growing communities. CBL's portfolio is comprised of
108 properties totaling 68.2 million square feet across 26 states,
including 68 high‑quality enclosed, outlet and open-air retail
centers and nine properties managed for third parties. CBL
continuously strengthens its company and portfolio through active
management, aggressive leasing and profitable reinvestment in its
properties. For more information visit cblproperties.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191112005381/en/
Investor Contact: Katie Reinsmidt, Executive Vice President
& Chief Investment Officer, 423.490.8301,
Katie.Reinsmidt@cblproperties.com Media Contact: Stacey Keating,
Director of Public Relations & Corporate Communications,
423.490.8361, Stacey.Keating@cblproperties.com
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